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To: DBCJR
The U.S. and global economies would undoubtedly slow markedly - and would most probably even drop into a recession. But that recession, in itself, would reduce oil consumption and would therefore arrest any additional upward movement in oil prices.

Aye the recesion is the thing. Tis where we'll lower the high prices of the King (Saud)- Tom

4 posted on 12/24/2007 7:59:36 AM PST by Capt. Tom (Don't confuse the Bushies with the dumb Republicans - Capt. Tom)
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To: Capt. Tom
It would be a real hoot that the price of oil would go down substantially before the election, so Hillary will not get the credit of lowering the price of oil.
35 posted on 12/24/2007 8:35:33 AM PST by Prophet in the wilderness (PSALM .53 : 1 The FOOL hath said in his heart, there is no GOD.)
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